Who should I contact if I have questions about the MSAE Program?
If you have questions about the MSAE program please contact Kate Menzies, Graduate Admissions Officer & Advisor. Email: kate.menzies@UND.edu
What is the minimum GPA requirement?
The graduate school requires a cumulative GPA of at least 2.75 for all undergraduate work OR a GPA of at least 3.0 for the junior and senior years. (Note: Meeting the minimum does not guarantee acceptance.)
What is the minimum GRE requirement?
The MSAE program accepts the GRE or GMAT. We do not require a minimum score, but would like to see scores above the median. The admissions committee weighs test scores and overall GPA. Therefore a lower GPA can be offset by a higher test score and vice versa.
Are letters of recommendation required?
Yes, three letters are required for the application. Use of professional references is acceptable.
What are the pre-requisite course requirements for the program?
The pre-requisite courses we look for are:
Principles of micro economics
Principles of macro economics
Intermediate micro economics
Intermediate macro economics
Calculus I or applied calculus – Calculus preferred
A large number of applicants to our program have a “business” degree, which means they have not yet had Econ 308 – Intermediate Microeconomics and Econ 309 – Intermediate Macroeconomics. Students may be admitted to the program under “Qualified” status without up to 3 of these classes. You will be required to complete these courses/equivalents within one year of admission.
Is transfer credit accepted?
Transfer credit is subject to a number of stipulations. (See the Academic Catalog p. 217). Five of the many stipulations are reported below.
- Up to 8 credits can be counted towards 32 credit MSAE degree.
- Credits must have counted for graduate credit.
- Must be less than 7 years old at time of awarding of UND degree
- Grade in course must be a B or better.
- Credits must not have been used to earn a master’s degree elsewhere
Is the GRE test required for all students?
We require students to submit official scores from the GRE or GMAT, unless they are combined model students.
The program will only consider waiving the test score requirement for students who have completed a graduate degree from an accredited school and have a cumulative graduate GPA above 3.25.
Work experience is not considered for waiving the GRE/GMAT requirement.
What does it mean to be a combined model student?
If you are not currently a UND undergraduate student you are unable to be a combined model student. A combined model student earns their undergraduate/graduate degree at the same time.
What are the tuition and fees for the program?
Current Tuition and Fees are found here: http://distance.und.edu/degree/about/?id=msappliedecon&page=1297
Program Fee: Economics courses have an addition $75 per credit fee.
Current Tuition and Mandatory Fees are found here:
Are assistantships and tuition waivers available?
State law prevents us from offering tuition waivers or TTA positions to online students.
A limited number of GTA positions are available for well qualified on-campus students. Tuition waivers are also available. It is extremely difficult for us to fully fund international students.
What is the profile of admitted students?
Fall 2010: Acceptance Rate 73%
Median GPA 3.43
Median GMAT score 550 49th Percentile
Median GRE Verbal 500 62nd Percentile
Median GRE Math 690 69th Percentile
We have two distinct profiles of our students, depending on whether students are online or on-campus.
Our on-campus students tend to be recent graduates, who majored in economics. Many who complete their degree pursue jobs in industry and government. Typical industry jobs for our students are in the financial services (investing, banking, insurance) sector, whereas government positions tend to be state level.
Our online students typically have a great deal of experience and many already have graduate degrees (MBAs). The vast majority of these students who pursue their MSAE degree are looking for more skills to apply to their current position, while others are after the degree for advancement. A small number, 15-20 percent, are interested in teaching at a local community college/small college and need a graduate degree in economics in order to teach the subject.
Is the TOEFL test score required?
We require that all applicants prove English-language proficiency, regardless of citizenship or residency. This requirement is concerned with academic-level English proficiency.
To demonstrate that you possess this advanced proficiency in English, you must have any one of the following:
- a Bachelor's degree or higher from a recognized institution in the United States, England, Wales, Scotland, Ireland, Jamaica, Australia, New Zealand or English-speaking Canada,
- an overall band score of 6.5 on the Academic Module IELTS ,
- a satisfactory score on the TOEFL , which depends upon the type of TOEFL taken:
- for the paper-based TOEFL, you must score at least 550,
- for the internet-based TOEFL, you must score at least 76, with at least the following scores on each of these subsections:
- Speaking 21/30*
- Listening 19/30
- Reading 19/30
- Writing 17/30
- or successfully complete the English Language Service (ELS) Language Center's Intensive Level 112.
Because we want all our students to excel from the very first day of their studies, all applicants (degree-seeking, certificate-seeking and non-degree seeking) must meet these requirements. We will not waive this requirement for any reason.
(*note: to be considered for a Graduate Teaching Assistantship, a Speaking subtest score of 26/30 is required on the TOEFL)
Is class attendance required?
MSAE classes are broadcast live over the internet via adobe connect. Adobe connect allows students to interact with class. Students unable to join live are able to watch the recorded lectures when convenient. Students are still expected to keep up with the class. On some occasions students may need to participate live, e.g. give a presentation to class. In these cases faculty work with students to avoid difficulties.
How are exams handled?
Each instructor/course will provide specific information as to the number of exams for the course and when exams are due. Some exams must be supervised by an approved exam administrator (proctor). UND’s Division of Continuing Education has guidelines for proctors. It is not particularly difficult to find an acceptable proctor. http://distance.und.edu/currentstudent/degree/?page=1162
What research opportunities are available for students?
Gaining skills to conduct applied research is an important goal of the MSAE program. You will learn these skills as part of your independent study/thesis, which is advised by a faculty member. Other opportunities to work directly with faculty may also exist if students and faculty share interests. Many faculty members are working on several research projects and can always use assistance. Working with faculty is a good way to better your understanding of conducting applied research.
Thesis vs. Independent Study
Both are student directed research projects advised by faculty. The Thesis is subject to more formatting guidelines and timelines imposed by the Graduate School. There is really no discernable difference in their difficulty. We generally recommend students with work experience to complete a thesis.
What does the applied part of MSAE mean?
The focus of our program is on training you in the tools of applied econometrics and not abstract math. The latter is more relevant to completion of a PhD program. We also train you in math, macro, micro, and international, but the point is to give you tools to apply to real world data analysis.